California Insurance Code

§ 10235.36

INS § 10235.36 Effective Jan 1, 2016Div. 2 · Part 2 · Ch. 2.6 · Art. 4

Statute text

(a)When a shortened benefit period nonforfeiture benefit, as described in Section 10235.30, or a contingent benefit upon lapse, as described in Section 10235.35, is conferred, the insurer shall mail to and receive from each policyholder or certificate holder an election form which allows the policyholder or certificate holder to elect one of the following:

(1)A written designation listing the name, address, and telephone number of at least one individual, in addition to the policyholder or certificate holder, who is to receive the annual notice as described in subdivision (c).

(2)A confirmation that the policyholder or certificate holder designates the same person previously designated in Section 10235.40 to receive the annual notice as described in subdivision (c).

…

Legislative history

Added by Stats. 2015, Ch. 544, Sec. 1. (SB 575) Effective January 1, 2016.